200 E Balboa Boulevard, Newport Beach, CA 92661
- $4,899,000
- List Price
- $4,899,000
- Status
- ACTIVE
- MLS#
- LG25188085
- Year Built
- 2017
- Lot Size
- 2,400
- Acres
- 0.06
- Lot Location
- Corner Lot, Street Level
- Days on Market
- 3
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
Excellent opportunity for investors or future homeowners! Currently used as a rental, this property offers immediate income potential and is ideal as an up leg for a 1031 tax-deferred exchange. Whether you’re looking for a strong addition to your investment portfolio or prefer to rent it out now and move in later, this home provides flexibility and long-term value. A rare chance to secure an income-producing property today with the option to make it your personal residence in the future. When you enter this newer-built home, you’ll instantly feel you’ve arrived at the perfect blend of luxury and comfort. The dramatic living area is centered around a cozy fireplace, creating a warm and inviting space to relax or entertain. Upstairs, three oversized bedrooms offer comfort and privacy, while the third floor reveals a surprising retreat that could serve as another primary suite. GREAT VIEW OF OCEAN With a private elevator connecting each level, convenience is built right in. Enjoy sweeping views of ocean from multiple levels, and embrace the coastal lifestyle with an outdoor fireplace and built-in barbecue designed for year-round gatherings. Whether as a savvy investment or your dream home by the beach, this property delivers both opportunity and lifestyle. Best of all, it’s just a short walk to the beach with crashing waves or a quick stroll to the bay, the Fun Zone, and the ferry to Balboa Island.
/u.realgeeks.media/themlsteam/Swearingen_Logo.jpg.jpg){kind=logo}
Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Fireplace Description
- Living Room, Primary Bedroom, Outside
- Heat
- Central, Natural Gas
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Ocean
- Roof
- Metal
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Built-in Features, Balcony, Elevator, Granite Counters, Open Floorplan, Storage, Unfurnished
- Attached Structure
- Detached
- Number Of Units Total
- 1
- Gross Scheduled Income
- $370,000
- Operating Expense
- 62900
Listing courtesy of Listing Agent: John Veytia (John@VeytiaGroup.com) from Listing Office: Compass.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.